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Articles 31 - 35 of 35

Full-Text Articles in Macroeconomics

Do Macroeconomic Shocks Impact The Economic Efficiency Of Small Farmers? The Case Of Wetland Rice Farmers In Indonesia, Jacinto F. Fabiosa, Helen H. Jensen, Dong Yan May 2004

Do Macroeconomic Shocks Impact The Economic Efficiency Of Small Farmers? The Case Of Wetland Rice Farmers In Indonesia, Jacinto F. Fabiosa, Helen H. Jensen, Dong Yan

CARD Working Papers

This study examines the impact of macroeconomic shocks on the efficiency of small farmers. We estimate single- and multiple-factor efficiency measures for Indonesian rice farmers in years before, during, and after the country's macroeconomic crisis. We find that productive efficiency declined by 7 to 22 percent during the crisis, largely because of a decline in technical efficiency and a relatively large volatility in efficiency (the coefficient of variation was larger by a factor of 1.87). Allocative efficiency, on the other hand, increased slightly and offset part of the decrease in technical efficiency. The magnitude of the impact on ...


Controversias Jurisdiccionales Por La Apropiación De Recursos Hídricos, Max Garcia Sep 2002

Controversias Jurisdiccionales Por La Apropiación De Recursos Hídricos, Max Garcia

Max Garcia Sanchez

No abstract provided.


Mecanismo De Regulación Aplicado Al Servicio Urbano De Abastecimiento De Agua, Max Garcia Jan 2001

Mecanismo De Regulación Aplicado Al Servicio Urbano De Abastecimiento De Agua, Max Garcia

Max Garcia Sanchez

No abstract provided.


Reservation Price Announcement In Sealed Bid Auctions: Comment, John R. Schroeter Aug 1996

Reservation Price Announcement In Sealed Bid Auctions: Comment, John R. Schroeter

Economic Staff Paper Series

In a 1993 paper in the Journal of Industrial Economics, Carey studies the problem of reservation price announcement in sealed bid procurement auctions. Assuming that the auctioneer/monopsonist has a self-supply option and is motivated by the desire to minimize the expected total cost of procurement, she investigates the auctioneer's decision to announce a reservation price and the level at which it should be set. Carey's analysis includes some errors, however. This comment proposes corrections. I begin by describing the auction setting.


External Economies And Competitive Equilibrium, George A. Hay, John J. Mcgowan Nov 1972

External Economies And Competitive Equilibrium, George A. Hay, John J. Mcgowan

Cornell Law Faculty Publications

In an article published in 1955, Murray Kemp analyzed the case for interference with the competitive allocation of resources when external economies of production are present. In the specific model we are interested in—where the costs of any one producer's operations are affected by the total output of all producers of the same product—Kemp attempted to show that where entry into the industry is closed (although the industry is otherwise perfectly competitive), "there can always be found a subsidy, either on the product or on a particular factor, which will be a sufficient incentive to firms to ...